Breaking News: Economy Archives | Global News Post https://globalnewspost.com/tag/breaking-news-economy/ Fastest Global News Portal Mon, 12 May 2025 12:54:25 +0000 en-US hourly 1 https://globalnewspost.com/wp-content/uploads/2025/04/cropped-GLOBAL-NEWS-POST-32x32.png Breaking News: Economy Archives | Global News Post https://globalnewspost.com/tag/breaking-news-economy/ 32 32 Bessent sees tariff settlement as growth in ‘strategic’ decoupling with China https://globalnewspost.com/2025/05/bessent-sees-tariff-agreement-as-progress-in-strategic-decoupling-with-china/ https://globalnewspost.com/2025/05/bessent-sees-tariff-agreement-as-progress-in-strategic-decoupling-with-china/#respond Mon, 12 May 2025 12:49:00 +0000 https://globalnewspost.com/2025/05/bessent-sees-tariff-agreement-as-progress-in-strategic-decoupling-with-china/ Treasury Secretary Scott Bessent mentioned Monday that the business settlement reached over the weekend represents some other degree within the U.S. shaking its reliance on Chinese merchandise. Though the U.S. “decoupling” itself from its want for inexpensive imports from the China has been mentioned for years, the method has been a sluggish one and not …

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Treasury Secretary Bessent says he is more likely to meet with China once more in ‘following couple of weeks’ to paintings on larger settlement https://globalnewspost.com/2025/05/treasury-secretary-bessent-says-hes-likely-to-meet-with-china-again-in-next-few-weeks-to-work-on-bigger-agreement/ https://globalnewspost.com/2025/05/treasury-secretary-bessent-says-hes-likely-to-meet-with-china-again-in-next-few-weeks-to-work-on-bigger-agreement/#respond Mon, 12 May 2025 12:32:00 +0000 https://globalnewspost.com/2025/05/treasury-secretary-bessent-says-hes-likely-to-meet-with-china-again-in-next-few-weeks-to-work-on-bigger-agreement/ Treasury Secretary Scott Bessent mentioned Monday that he expects to fulfill with Chinese officers once more within the coming weeks to proceed industry negotiations. “I would imagine in the next few weeks we will be meeting again to get rolling on a more fulsome agreement,” Bessent mentioned on CNBC’s “Squawk Box.” The actual main points …

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Trump poised to simply accept Qatar jet present as Air Force One https://globalnewspost.com/2025/05/trump-poised-to-accept-qatar-jet-gift-as-air-force-one/ https://globalnewspost.com/2025/05/trump-poised-to-accept-qatar-jet-gift-as-air-force-one/#respond Sun, 11 May 2025 17:56:00 +0000 https://globalnewspost.com/2025/05/trump-poised-to-accept-qatar-jet-gift-as-air-force-one/ U.S. President Donald Trump forums Air Force One for shuttle again to Washington, D.C., at Palm Beach International Airport, in West Palm Beach, Florida, U.S. May 4, 2025. Leah Millis | Reuters President Donald Trump is making ready to simply accept a luxurious jet from the royal circle of relatives of Qatar, which he’s going …

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Lutnick says 10% baseline tariff will stick round for “foreseeable future” https://globalnewspost.com/2025/05/lutnick-says-10-baseline-tariff-will-stick-around-for-foreseeable-future/ https://globalnewspost.com/2025/05/lutnick-says-10-baseline-tariff-will-stick-around-for-foreseeable-future/#respond Sun, 11 May 2025 14:27:00 +0000 https://globalnewspost.com/2025/05/lutnick-says-10-baseline-tariff-will-stick-around-for-foreseeable-future/ U.S. President Donald Trump holds a chart subsequent to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on price lists within the Rose Garden on the White House in Washington, D.C., on April 2, 2025. Carlos Barria | Reuters Commerce Secretary Howard Lutnick mentioned Sunday that the 10% baseline tariff price on imports …

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Ras Baraka arrest: Trump management eyes charging 3 extra NJ Democrats in ICE fracas https://globalnewspost.com/2025/05/ras-baraka-arrest-trump-administration-eyes-charging-three-more-nj-democrats-in-ice-fracas/ https://globalnewspost.com/2025/05/ras-baraka-arrest-trump-administration-eyes-charging-three-more-nj-democrats-in-ice-fracas/#respond Sat, 10 May 2025 18:41:00 +0000 https://globalnewspost.com/2025/05/ras-baraka-arrest-trump-administration-eyes-charging-three-more-nj-democrats-in-ice-fracas/ Mayor Ras Baraka of Newark in handcuffs out of doors Delaney Hall detention facility in Newark, NJ on May 9, 2025. Courtesy: Newark Mayor’s Office The Trump management advised Saturday that New Jersey Democratic lawmakers focused on a conflict an afternoon previous with government at a federal immigration detention middle that ended in the arrest …

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Why Pope Leo selected his identify: AI, staff’ rights, new Industrial Revolution https://globalnewspost.com/2025/05/why-pope-leo-chose-his-name-ai-workers-rights-new-industrial-revolution/ https://globalnewspost.com/2025/05/why-pope-leo-chose-his-name-ai-workers-rights-new-industrial-revolution/#respond Sat, 10 May 2025 15:25:00 +0000 https://globalnewspost.com/2025/05/why-pope-leo-chose-his-name-ai-workers-rights-new-industrial-revolution/ Newly elected Pope Leo XIV, Cardinal Robert F. Prevost of the U.S., seems at the balcony of St. Peter’s Basilica on the Vatican, May 8, 2025. Dylan Martinez | Reuters Pope Leo XIV stated Saturday that he decided on his identify partially to commemorate Pope Leo XIII for his dedication to social problems and staff’ …

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India and Pakistan conform to instant ceasefire https://globalnewspost.com/2025/05/india-and-pakistan-agree-to-immediate-ceasefire/ https://globalnewspost.com/2025/05/india-and-pakistan-agree-to-immediate-ceasefire/#respond Sat, 10 May 2025 13:03:00 +0000 https://globalnewspost.com/2025/05/india-and-pakistan-agree-to-immediate-ceasefire/ India’s Foreign Secretary Vikram Misri holds a press briefing at Ministry of External Affairs (MEA) in New Delhi, India, May 10, 2025. Anushree Fadnavis | Reuters India and Pakistan have agreed to an “immediate ceasefire,” President Donald Trump mentioned Saturday, following days of emerging tensions and preventing between the 2 international locations. “After a long …

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First Chinese freight send items hit with Trump’s 145%-plus price lists arriving at U.S. ports https://globalnewspost.com/2025/05/first-chinese-freight-ship-goods-hit-with-trumps-145-plus-tariffs-arriving-at-u-s-ports/ https://globalnewspost.com/2025/05/first-chinese-freight-ship-goods-hit-with-trumps-145-plus-tariffs-arriving-at-u-s-ports/#respond Fri, 09 May 2025 18:29:00 +0000 https://globalnewspost.com/2025/05/first-chinese-freight-ship-goods-hit-with-trumps-145-plus-tariffs-arriving-at-u-s-ports/ Container ships take a seat docked on the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first delivery boxes wearing Chinese merchandise which are topic to President Donald Trump’s 145% price lists have begun arriving in U.S. ports. Seven ships wearing …

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From Pandora to Puma: Retailers say U.S. price lists would possibly pressure up costs quickly https://globalnewspost.com/2025/05/from-pandora-to-puma-retailers-say-u-s-tariffs-might-drive-up-prices-soon/ https://globalnewspost.com/2025/05/from-pandora-to-puma-retailers-say-u-s-tariffs-might-drive-up-prices-soon/#respond Fri, 09 May 2025 10:37:00 +0000 https://globalnewspost.com/2025/05/from-pandora-to-puma-retailers-say-u-s-tariffs-might-drive-up-prices-soon/ A Puma sports wear retailer in central London on May 1, 2025. Bloomberg | Getty Images Household manufacturers together with Pandora, Puma and Hugo Boss all mentioned this week that they’re comparing their pricing methods within the U.S. and past within the tournament that President Donald Trump’s maximum punitive levies come into impact. Some others, …

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Trump’s take care of the United Kingdom sends a transparent message: 10% price lists are right here to stick https://globalnewspost.com/2025/05/trumps-deal-with-the-uk-sends-a-clear-message-10-tariffs-are-here-to-stay/ https://globalnewspost.com/2025/05/trumps-deal-with-the-uk-sends-a-clear-message-10-tariffs-are-here-to-stay/#respond Fri, 09 May 2025 09:15:00 +0000 https://globalnewspost.com/2025/05/trumps-deal-with-the-uk-sends-a-clear-message-10-tariffs-are-here-to-stay/ The U.Okay. and U.S. agreed to a landmark industry deal on Thursday — but the settlement seems to be a long way from freed from price lists. The deal is the primary made by way of the United States since President Donald Trump unveiled his so-called reciprocal price lists on international locations all over the …

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